Shares in Turkey’s state-controlled Halkbank closed 10% down on October 6 after the US Supreme Court declined to hear the lender’s latest appeal against a lower court ruling that it can be tried on …
Pakistan, China, Russia and Iran reaffirm resolve for stable, terror-free Afghanistan
ISLAMABAD: Pakistan, China, Russia, and Iran reaffirmed their shared resolve to establish a stable, sovereign, and peaceful Afghanistan, free from terrorism and external interference, …
World Bank raises MENA growth outlook for 2025, warns on Iran slump
The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan for 2025, though trimmed its forecast for next year, citing conflict …
Iran adds 10 trillion cubic feet of gas to its reserves
A new discovery in the Pazan gas field in southern Iran has been made with 10 trillion cubic feet of natural gas, Oil Minister Mohsen Paknejad said on Monday according to his ministry’s news outlet …
US supreme court rejects appeal by Turkey’s Halkbank
The US Supreme Court has rejected an appeal by Turkey’s state-owned Halkbank, leaving it to face criminal charges that it helped Iran to evade economic sanctions and launder billions of dollars …
Iran Hits Back After Trump’s Threat
Tensions between the U.S. and Iran are escalating as Trump warns of renewed strikes while Tehran signals military readiness.
Iran approves plan to slash four zeros from currency
TEHRAN: Iran’s parliament on Sunday approved a plan to remove four zeros from the national currency, the rial, which has sharply depreciated as the country grapples with …
How China is using barter system for Iranian oil, metals
China is said to be using barter systems to procure Iranian oil and metals, thereby avoiding Western sanctions on Iran, according to two separate media reports. In exchange for Iranian oil being …
How China is using barter system for Iranian oil, metals
China is said to be using barter systems to procure Iranian oil and metals, thereby avoiding Western sanctions on Iran, according to two separate media reports. In exchange for Iranian oil being …
Trump Sanctions Revive Barter Trade: China’s Chery Trades Half-Built Cars for Iran’s Copper
Barter trade activities between Chinese automotive giant Chery Automobile and Iran have risen amid U.S. Sanctions on the country by President Donald Trump. Cars Paid For In Metal Instead Of Cash As …